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Europe Daily Bulletin No. 7662

24 February 2000
Contents Publication in full By article 51 / 54
ECONOMIC INTERPENETRATION / (eu) computer technology

The Italian giant OLIVETTI has taken a 45% stake in LOGICASIEL (consultancy and computer services: 60 bn lira turnover in 1999, with 260 employees) from the British firm LOGICA for 52 bn lira. The remaining 55% are in the hands of FINSIEL, group controlled by TELECOM ITALIA recently taken over by OLIVETTI. This operation will lead to LOGICASIEL's name being changed to WEBEGG.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION